Škoda preparing for electric launch with €2 billion

Škoda is currently in the middle of preparing for their electric launch, which will begin this year with a plug-in hybrid version of the Superb and a fully electric Citigo. Next year, the battery electric Vision E coupé will follow.

The Czech car manufacturer has been investing massively ahead of starting the electrification campaign with about two billion euros earmarked for the development of electric vehicles and mobility services.

In 2018 alone, Škoda spent 3.4 million euros in the expansion of their production facility in terms of electric infrastructure in Mladá Boleslav, Czech Republic. More than 300 charging points were set up, including more than 220 AC chargers and 80 DC chargers. The company is also planning cooperation with the energy provider ŠKO-Energo to extend its charging infrastructure beyond the borders of the factory.

Škoda’s electric strategy includes both hybrids as well as fully electric vehicles and will see roll-out spread over several years. This year, their first battery electric and hybrid models will be released, with the serial version of a concept introduced in 2017 rolling out next year. The company has not rested on their success and has been following up with the PHEV Vision RS, as well as mobility projects in Prague, the capital of their native Czech Republic.

The first fully electric vehicle to be introduced later this year is based on the MEB platform by the VW Group. The Vision E features two electric motors with a system output of 225 kW. A range of up to 500 km should be possible thanks to a liquid-cooled lithium-ion battery, says Škoda.

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